Slide 8 of the investor presentation outlines the competition from a Skyfii perspective. I am not that familiar with the competition except that at least a few of them appear to be more established, so the fact that Skyfii is winning contracts in a number of countries is a good lead metric imo although there is always the risk of others catching up. This next year of contract conversion to locked in contracts is the important one. If they can achieve a critical volume of clients past break even and then onto >$10M revenue then Skyfii will become a company of significant interest. I am hoping to see more news on additional value add products they have successfully sold to existing clients. Ongoing innovation that adds to the value proposition will remain important once they have the critical mass in order to maintain the competitive advantage past the initial 3 year contract phase.
SKF Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
